Crypto exchange Coinbase to lay off 14% of staff as AI reshapes work
The company, formerly headquartered in San Francisco, said that it's also changing the way it operates and will lean on smaller teams that can do more with AI.
- Coinbase to Slash 14% of Workforce as Part of Restructuring Wall Street Journal —
- Coinbase is slashing its workforce as AI reshapes the crypto industry Quartz —
- Coinbase to slash 14 per cent of workforce amid AI impact and market volatility City AM —
- Tiny teams, no 'pure managers,' and AI: Coinbase's memo has all the classic ingredients of a 2026 layoff letter Business Insider —
- Coinbase cuts headcount by 14% citing AI acceleration. The shares are gaining CNBC —